Manor West Neighbourhood Centre, Rathass,, Tralee, Co Kerry | Property for sale | Savills
20,593 sq ft(1,913.15 sq m)
Asking price €4,850,000

Manor West Neighbourhood Centre, Rathass,Tralee, Co Kerry

  • Sole agency
  • Freehold

Key features

  • ***Bid Date 11 November by 5pm (unless previously sold)***
  • Significant regional investment opportunity
  • Contracted rental income of €464,957 pa with 9.77 years income certain.
  • Ample Asset Management opportunities to further increase income.
  • McDonald's does not form part of this disposal.
  • For the avoidance of doubt, tenants are not affected.

Manor West Neighbourhood Centre comprises a high profile, consistent income generating investment located at the eastern gateway of Tralee town.

About this property

  • The overall scheme sits on a site of approximately 1.6 acres and comprises two distinct blocks. Block 1 fronts directly onto the R875 and includes a Circle K filling station, Fine Wines Off Licence and Starbucks at ground floor, with Kerry County Council Offices at first floor. Block 2 is located adjacent to Manor West Retail Park, and includes Boylesports, in addition to a number of essential neighbourhood services including a butcher, fruit and veg and fish monger.

    The entire scheme extends to approximately 20,593 sq.ft. and is known as a popular convenience centre for both locals and passing traffic, and the recent opening of Kerry’s only Starbucks will see this continue. In addition, the property is located to the only McDonald’s in Tralee, for the avoidance of doubt, the McDonalds drive thru does not form part of the disposal.

    ***Bid Date 11 November by 5pm (unless previously sold)***

Local information

  • The property is located at a high profile location on the R875, which connects with the N21 (Limerick – Castleisland Road), N22 (Cork Road) and N69 (Limerick – Listowel Road) approximately 1km to the east of the property. The R875 is one of the main arterial access routes for the town and connects to the town centre to the immediate west.
  • The immediate location is a busy commercial base with Manor West Retail Park, Manor West Hotel, Tesco, Kerry County Council and University Hospital Kerry all within walking distance, in addition to a high volume of residential developments.
  • Tralee is easily accessible from the surrounds with good road links with the N21, N22, N69 & N70, with Farranfore International Airport being 18km to the south east, and Tralee Train Station providing a rail connection with Dublin, Cork and Limerick Cities.

Additional information

  • Strong tenant lineup includes; Circle K, Fine Wines, Kerry County Council, BoyleSports and the recently opened Starbucks with Drive Thru.